House and Senate negotiators adjourned talks on a new agricultural bill until after a congressional recess, increasing the chances of a lapse in programs that could double the price of milk next year. “I’m disappointed we don’t have an agreement …
Colorado State University, which pioneered seasonal hurricane forecasting 30 years ago, may have issued its last prediction. The school’s Tropical Meteorological Project needs $150,000 or it will end in February, said Phil Klotzbach, lead author of the forecast. William Gray, …
National standards should be set for building construction, storm shelters and emergency communications to reduce death and damage from tornados, a federal agency that studied the deadly 2011 tornado in Joplin, Missouri, recommended on Thursday. The National Institute of Standards …
The Leavitt Group announced a merger of three of their Southern California agencies. The merger will include the Covina office of Valley Insurance Service, employee benefits agency Leavitt Benefits Insurance Services of Southern California, and the Santa Ana office of …
A report this month from Connecticut’s Insurance & Financial Services (IFS) Cluster and PwC shows there was a slight decline in the number of insurance sector employees in Connecticut last year, primarily due to job losses in office and administrative …
Does your insurance organization support the community? Over the years, Insurance Journal has discovered numerous stories of how agents, brokers, wholesalers and insurers support their community. Our Dec. 16 issue of Insurance Journal magazine will share some of those stories …
A.M. Best Europe has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Munich Reinsurance Co. and its subsidiaries. Best also affirmed all of the debt ratings for Munich Re. The outlook …
USI Insurance Services recently moved its corporate headquarters from Briarcliff Manor, N.Y. to nearby Valhalla, N.Y. USI said its corporate headquarters moved to the new location, approximately 10 miles away from the previous Briarcliff Manor location, late last month to …
Allied World Assurance Company Holdings, AG announced that Denis Burniston has been appointed senior vice president, General Casualty, for Allied World Europe to lead the company’s primary casualty operation in London. He will be responsible for developing Allied World Europe’s …
New damage assessments from the National Weather Service show that at least 15 tornadoes hit Illinois during the outbreak of violent storms on Nov. 17. Central parts of the state had the most with seven twisters, including one that hit …
